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IZA Journal of Labor & Development

Table 5 Returns to schooling and experience

From: The role of the firm in worker wage dispersion: an analysis of the Ghanaian manufacturing sector

 

Dep Var: log real hourly earnings

 

1992–1998

1998–2003

 

(1)

(2)

Schooling

0.042***

0.063***

 

(0.008)

(0.002)

Experience

0.068***

0.046***

 

(0.012)

(0.004)

Experience2

−0.0013***

−0.0005***

 

(0.0003)

(0.0001)

Mean of Dep Var

4.568

4.654

Variance of Dep Var

1.460

1.318

Variance (\(X \cdot \hat {\beta }\))

0.109

0.133

  1. Data from CSAE-RPED on the Ghanaian manufacturing sector from 1992 to 2003. I matched the worker and firm files to create the linked dataset based on which I perform the analysis. Log real hourly earnings are measured in Ghanaian cedis. All regressions include firm fixed effects. Robust standard errors reported in parentheses. ***,**, and * represent significance at 1, 5, and 10 %, respectively
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